Kieran Dowell, who has not played for Rangers since August, could be the first of five players the club intends to transfer this month to finance the acquisition of new players. Leicester City have been mentioned as a club interested in the English midfielder, who has yet to appear under Danny Rohl after performing well on loan at Birmingham City last season. Hull City have also previously confirmed their interest, and they are now holding negotiations for the 28-year-old. The former England U21 international joined Rangers on a free transfer in July 2023, with his contract set to expire in May 2026. His current Transfermarkt market value is €600k.